Serbia - Apple Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApple Juice Price in Serbia - 2023
Contents:
- Apple Juice Price in Serbia (FOB) - 2023
- Apple Juice Price in Serbia (CIF) - 2022
- Apple Juice Exports in Serbia
- Apple Juice Imports in Serbia
Apple Juice Price in Serbia (FOB) - 2023
The average apple juice export price stood at $810 per ton in October 2023, declining by -6.4% against the previous month. Overall, export price indicated a temperate increase from October 2022 to October 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, apple juice export price decreased by -17.3% against July 2023 indices. The growth pace was the most rapid in March 2023 when the average export price increased by 46% against the previous month. The export price peaked at $980 per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Montenegro ($1,055 per ton), while the average price for exports to Slovenia ($556 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Apple Juice Price in Serbia (CIF) - 2022
The average apple juice import price stood at $767 per ton in 2022, reducing by -14.6% against the previous year. In general, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 14% against the previous year. The import price peaked at $1,506 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($1,429 per ton), while the price for Bosnia and Herzegovina ($381 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Juice Exports in Serbia
In 2022, the amount of apple juice (single strength) exported from Serbia skyrocketed to 3.9K tons, jumping by 36% against the year before. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, apple juice exports surged to $2.5M in 2022. In general, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Apple Juice in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 557 | 331 | 539 | 599 | 2.5% |
| Austria | N/A | 35.5 | 70.6 | 434 | 249.6% |
| North Macedonia | 363 | 240 | 354 | 420 | 5.0% |
| Bosnia and Herzegovina | 402 | 359 | 425 | 368 | -2.9% |
| Bulgaria | 341 | 157 | 205 | 209 | -15.1% |
| Croatia | 334 | 193 | 201 | 107 | -31.6% |
| Slovenia | 70.0 | 36.4 | 93.8 | 95.3 | 10.8% |
| Romania | 40.7 | 41.0 | 26.6 | 21.1 | -19.7% |
| Others | 285 | 240 | 262 | 268 | -2.0% |
| Total | 2,394 | 1,633 | 2,177 | 2,520 | 1.7% |
Top Export Markets for Apple Juice from Serbia in 2022:
- Austria (1401.3 tons)
- Montenegro (563.0 tons)
- North Macedonia (487.8 tons)
- Bulgaria (404.6 tons)
- Bosnia and Herzegovina (392.2 tons)
- Croatia (226.3 tons)
- Slovenia (152.3 tons)
- Romania (31.4 tons)
Apple Juice Imports in Serbia
In 2022, after three years of growth, there was significant decline in overseas purchases of apple juice (single strength), when their volume decreased by -18% to 604 tons. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of 736 tons, and then reduced dramatically in the following year.
In value terms, apple juice imports fell significantly to $463K in 2022. Overall, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 53%.
| Import of Apple Juice in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 97.0 | 93.9 | 157 | 240 | 35.3% |
| Hungary | 4.6 | 105 | 115 | 84.8 | 164.2% |
| Poland | 106 | 128 | 311 | 70.1 | -12.9% |
| Austria | 41.4 | 59.5 | 35.0 | 39.4 | -1.6% |
| Cyprus | N/A | N/A | N/A | 6.4 | 0% |
| Bosnia and Herzegovina | 0.1 | 1.2 | 0.6 | 3.6 | 230.2% |
| North Macedonia | 28.5 | 38.8 | 22.1 | N/A | -11.9% |
| Brazil | N/A | 26.2 | N/A | N/A | 0% |
| Others | 20.5 | 2.6 | 21.1 | 18.9 | -2.7% |
| Total | 298 | 455 | 662 | 463 | 15.8% |
Top Suppliers of Apple Juice to Serbia in 2022:
- Germany (368.6 tons)
- Poland (111.6 tons)
- Hungary (59.4 tons)
- Austria (31.4 tons)
- Cyprus (10.1 tons)
- Bosnia and Herzegovina (9.3 tons)
This report provides an in-depth analysis of the apple juice market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 518 - Apple Juice
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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